Plan Ledger DOL Form 5500 · updated monthly

Planesense, Inc.401(k)

PLANESENSE, INC. 401(K) PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Planesense, Inc. reported $33,382 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,635 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.103%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 102nd-largest of 411 plans among New Hampshire employers on file, and the 484th of 2,677 in transportation & warehousing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 446 to 566 since 2022.

Plan summary
Net assets, end of year$36,060,051
Participants with balances528
Active participants566
Employer contributions$1,491,396
Employee contributions$3,822,271
Employer contribution per active participant$2,635
Average account balance$68,296
Benefits paid to participants$2,284,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.1M · 528 accts · $1.5M emplr
2023$28.5M · 337 accts · $1.3M emplr
2022$21.3M · 421 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,382
Total administrative$33,382
The Planesense, Inc. 401(k) match · 2024
Employer contribution per active participant$2,635
Median for plans this size$2,416
2024$2,635 per active participant
2023$2,228 per active participant
2022$2,406 per active participant

Planesense, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE INSURANCE · Recordkeeping · Loan processing$51,724
LEAFHOUSE FINANCIAL ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$34,113
PROACCOUNT · Investment advisory (participants)$25,381
CETERA ADVISOR NETWORK · Investment advisory (participants) · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$33,382 · 0.10%
2023$38,113 · 0.15%
2022$22,142 · 0.10%
Same employer
Similar plansTransportation & Warehousing · New Hampshire
Wadhams Enterprises, Inc. NY$36.5M · 0.44%
Sause Bros., Inc. OR$36.2M · 0.12%
Export Packaging Co., Inc. IL$36.0M · 0.06%
V Alexander & Co., Inc. TN$36.0M · 0.42%
United Facilities, Inc. IL$36.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043161509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.